Check out the latest news from NHC Food Limited
NHC Foods – The Times of India – Pg. No. 20, 26th Aug
NHC Foods, the country’s leading branded spices and gourmet foods player, has logged onto the billion-dollar online groceries market by joining hands with grocery e-tailers like BigBasket.com and plans to approach Localbanya.com and Greencart.in too. The move is an effort to tap the changing preferences of Indian consumers who are increasingly logging onto sites that sell groceries, vegetables and packaged foods.
Online retail had already caught the fancy of FMGC majors like Dabur, Marico, Bisleri and ITC, which have started pushing their products through this route. It is now becoming popular among mid-sized firms as well to to directly push sales.
“We have tied up with BigBasket.com for launch of our branded range of spices and plan similar tie-ups with Localbanya.com and Greencart.in to directly reach our consumers.BigBasket.com has one million registered consumers in Mumbai and over 10 million in Bangalore. With this, we plan to more than double our turnover to over Rs 300 crore in the next few years,“ Samir Sanoi, VP (sales, marketing & operations) at NHC Foods, told TOI.
Afternoon, Page 22, 22 Feb 2013:
NHC Foods Limited Shown impressive result for the quarter ended 31st Dec, 2012 as net profit after tax increased by 192% to Rs. 40.08 Lakhs against Rs. 13.76 Lakhs in the corresponding period of last year.
NHC Foods- Free Press Journal, Page 15, 20 Feb 2013:NHC Foods Limited Shown impressive result for the quarter ended 31st Dec, 2012 as net profit after tax increased by 192% to Rs. 40.08 Lakhs against Rs. 13.76 Lakhs in the corresponding period of last year.
NHC Foods-Hindu Business Line (All Editions), Page 10, 21 Feb 2013:
NHC Foods to raise Rs. 25 Cr. Via QIP